National Business Incubator Association (NBIA)
06/2000 from NBIA Review.

It's a case of supply and demand. The Carbondale Technology Transfer Center (CTTC) in Carbondale, Pa., will triple its square footage in an expansion project scheduled to be completed this month. The high-technology incubator opened its doors in 1996, and was full in less than three years. CTTC staff even had to find additional facilities for two businesses because the incubator did not have the space to accommodate them. "The nine firms that are in the building today appear to be more the tip of the iceberg than a unique population," says Executive Director Paul Browne. "There's an ongoing stream of new business development taking place in Northeastern Pennsylvania."

CTTC's expansion, which will add 20,000 square feet to the existing 10,000 square foot building, will include 5,000 square feet of office space and 15, 000 square feet of high bay area. After the expansion, the incubator will be able to accommodate between 20 and 25 client companies. The expansion is made possible by an $850,000 line-item federal appropriation secured by former Congressman Joseph McDade and administered by the U.S. Small Business Administration. CTTC, a private, nonprofit organization, is partially funded by Ben Franklin Technology Partners of Northeastern Pennsylvania.

© 2006-2007 Carbondale Technology Transfer Center (CTTC)
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